Concrete is touching the EMA 200. Every time this has happened before, the price has bounced by at least +5%, and on other occasions by +8% or even +10%.
You don’t want to miss this opportunity!
Our conservative estimate is that the price will rebound by at least +3.8%, taking it from 1.581 to 1.643. Our second likely target is 1.670 (+5.5%).
